Business Problems Toolkit...

Growth and Development Tools

Survival Gear for the Modern Business Adventurer

It's a sad fact that only one in four promising young enterprises survives its first three years out in the Business Badlands. Whether they fall to predatory competitors, inadequate training or just plain bad luck, the bones of these businesses litter the landscape as a terrible warning to those who walk this trail unprepared. At RIFT Accounting, we've managed to smash those statistics for our clients, raising their long-term survival rates to an amazing 94%!

Call us on 01233 653006 and see how we can help you today.

With our range of high-performance tools, guides and services, we're working with businesses on how to do more than just survive. We want you to grow, and we know exactly what it's going to take to make that happen. We're the Accountants of Tomorrow, and it's time to think about the future.With a single monthly fee, you'll get a lot more than simple number crunching from us. We'll give you practical advice and guidance on all aspects of your business, and we'll always be there when you need us. We'll also equip you with the tools and services you'll need to build your business your own way. With our help you'll grow in confidence and competence, and your business will develop as you do. Here are a few pieces of vital survival gear we provide for your Business Backpack.

Business Planning

Every great adventure needs a plan, and the best ones are clear, flexible and can be understood at a glance. There are many examples of business plans and adverts which tell companies that they will help business owners to write their plan, but don’t forget this is your dream, your adventure and therefore you should be at the heart of it. We have a template that we issue for free to clients to use as a guide to help you get started. A key thing to remember is that a business plan should be a living document, not gathering dust on a shelf and then regularly updated as your business situation does, so you'll always know where you need to focus your attention. Keep it up to date and you'll never be lost or directionless. We'll help you keep on top of it and use it to plan your next move as part of your quarterly reviews

Quarterly Reviews

Each quarter we will contact clients who have opted for this service and this is an opportunity to have a conversation, usually over the phone about how the business is going, any future plans you may have or maybe just someone to talk to about general business matters. We always like to ask you, the business owner whether you have a priority within the business you would like to discuss, for example this could be that you want to concentrate on the facts and figures, particularly tax implications, or it could be that you are interested in discussing your business planning and the strategic direction of your business, or maybe something completely different! Whatever it is you would like to discuss, let us know in advance and we will ensure the most appropriate member of the team is available to discuss your business with you. It is also no problem if the two areas overlap, it just may mean you get to talk to more than one of us. And of course, you don’t have to wait for us to contact you, if you want to talk about any of these areas, just get in touch and we’ll book some time to talk to you as soon as convenient.

Business Support, Coaching and Mentoring

It's an old saying, but it's still true today. If you fail to plan, you're planning to fail. If you're looking at the next three years and seeing a consistent 20% annual growth in your future, then the reason is because you have a detailed plan to get there. We have experience within our team of working alongside businesses, whether that’s providing Finance Director support, Non Executive Directors to work alongside you or simply coming into the business to undertake some brainstorming with you, we are happy to work alongside you in this way, and will agree a support package at a costs agreed at the outset. If the expertise you require is a business coach or mentor we'll help you hand-pick someone to fit your business.

Strategic Planning.

The fact that we're giving you the tools to survive in the wild doesn't mean we're abandoning you out there alone. We're going to be with you for every step of your journey, so we're sometimes going to have to use scary-sounding terms like "strategic planning". Information is the most important tool you can carry in your survival kit, and that means knowing what you want to achieve, what skills and resources you have to make it possible and what you need a little more help with. The information you give us will help us build a plan together, make checklists to mark your progress and pair you up with the best partners and teammates. You can even talk to other RIFT clients to pool your experience and learn from each other.

Developing Business Processes

If you're interested in freeing up time and cutting arduous, repetitive tasks so you can focus on what's important, then locking down your systems and processes will be vital as your business grows. For example, showing that you're compliant with relevant Standards and regulations can go a long way toward convincing investors and lenders that you're a safe pair of hands for their money. We make it easy for you to get your business in shape.

Help to Apply for Grants and Funding

So, you've got clear, realistic plans in place, your accounts are transparent and well managed and you're ready to go out and secure that all-important investment. With all the necessary information at your fingertips, we'll show you the best places to start hunting. Alternative funding options may unlock doors traditional lenders slam shut, so we'll talk you through your choices and help you make the strongest possible case for investment in your business.

At RIFT Accounting, we understand that survival is just the starting point for your business adventures. Armed with the tools, services and resources we offer, you can look beyond just staying safe in the Business Badlands and start staking out your claim in them.